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The trial balance of XYZ Company at December 31, 2020, and the data needed for the month-end adjustments follow: XYZ Company, Trial Balance December 31.3000 Account Det Credi Cash $ 22.000 Accounts receivable $44.000 Prepand insurance $2.500 Supplies $1,500 Building 5420,000 Accumulated depreciation SIDE Accounts payable 52.000 Salary paywe Uherskerne 5.500 Rana, capital $ 162.10 Rama, drawing $1,500 Service SIX.700 Salary expense $ 1.900 Insurance expense Depreciation expense Advertising expense $900 Supplies expense Total 5496RC S496,30 Adjustment data at December 31 follow: Prepaid insurance still in force, $1,000 Supplies used during the month, $400, Depreciation for the month, $1,200. Accrued salary expense, $500. Uneamed service revenue still unearned, S1500 Requirements 1. Journalize the adjusting entries. 2. Post the adjusting entries to the ledger accounts. 3. Prepare the adjusted trial balance. Prepare the income statement (profit and loss account), statement of owner's equity, and balance sheet for the business for the month ended December 31, 2020. And analyse the differences between those financial statements in terms of purpose, structure, and content Journalize and post the closing entries to the ledger accounts and prepare post-closing trial balance. Page 2 of 2